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Bitcoin Miners Add 1,797 BTC as Holdings Reach 1.1941 Million BTC

The network’s seven-day average hashrate fell 12.45 exahashes per second to about 1.053 zettahashes per second, while the Puell Multiple slipped to 1.03.

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A plain metal token rests against a ribbed mining processor / TokenPost.ai
A plain metal token rests against a ribbed mining processor / TokenPost.ai

Bitcoin (BTC) miners added 1,797 BTC in the week through Oct. 31, bringing their aggregate holdings to about 1.1941 million BTC and marking their largest weekly gain in roughly six weeks.

The network’s seven-day average hashrate fell about 12.45 exahashes per second over the same period, to roughly 1.053 zettahashes per second.

The Puell Multiple declined 0.03 to 1.03. The metric compares the daily dollar value of newly mined BTC with its average over the previous 365 days.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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